Annual Budget
Budgets are submitted by chartered student organizations and reviewed by the Finance Committee during scheduled budget hearings. The Finance Committee will review all the requests and make revisions to the budget requests based on the merits of the request, the needs of the organization, and the funding available. After deliberations, the Finance Committee forwards a balanced budget to the GPSA Council where the Council votes on the budget. Finally, the GPSA President must sign off on a balanced budget no later than early April. The budget allocations will be dispersed at the start of the fiscal year (July 1) and any allocated funding that is unused will revert to the GPSA General Fund at the end of the fiscal year and will be eventually be distributed again to student organizations.
Budget Process Timeline | ||||
Event | Date | Time | Notices | Minutes |
| Budget Workshop 1 | 1/29/21 | 6:00 p.m. (MT) | Notice | N/A |
| Budget Workshop 2 | 2/5/21 | 6:00 p.m. (MT) | Notice | N/A |
| Budget Workshop 3 | 2/12/21 | 6:00 p.m. (MT) | Notice | N/A |
| Budget Application Deadline | 2/19/21 | 5:00 p.m. (MT) | N/A | N/A |
| Hearing Schedule Announced | 2/22/21 | 5:00 p.m. (MT) | Notice | N/A |
| Deadline to Request Schedule Change | 2/23/21 | 5:00 p.m. (MT) | N/A | N/A |
| Budget Hearings and Deliberations | 2/26/21 | 5:00 p.m. (MT) | Notice | Minutes |
| Budget Recommendation Meeting | 3/5/21 | 6:00 p.m. (MT) | Notice | Minutes |
| Finance Committee Recommendations Announced | 3/5/21 | 7:30 p.m. (MT) | N/A | N/A |
| Council Consideration of Fiscal Year Budget | 3/27/21 | 12:00 p.m. (MT) | See approved budget amounts below | N/A |
| Fiscal Year Begins | 7/2/21 | 12:00 a.m. (MT) | N/A | N/A |
FY22 Budget - Approved Recommendations
The following FY22 student organization budgets were recommended by the Finance Committee on Friday, March 5, 2021. The recommended budget amounts were presented and approved at the GPSA Council meeting on Saturday, March 27, 2021.
Student Organization | Approved Budget Amount |
| ACCESS Medicine | $503 |
| African Student Association | $624 |
| American Medical Women's Association | $734 |
| American Medical Student Association (AMSA) | $955 |
| American Planning Association | $448 |
| Association of Native American Medical Students | $151 |
| Association of Women Surgeons | $503 |
| Bangladeshi Student Association | $815 |
| Biophysical Society | $302 |
| Cardiology Interest Group | $332 |
| Chinese Students & Scholars Association | $704 |
| Community Action For UNM Student Empowerment (CAUSE) | $453 |
| Crossroads | $332 |
| Diversity Organization | $473 |
| Ecomomics Graduate Student Organization | $498 |
| GPSA Council | $27,410 |
| GPSA Court of Review | $804 |
| GPSA Elections Committee | $905 |
| GPSA Executive Adhoc Committee | $804 |
| GPSA Executive Finance Committee | $2,010 |
| GPSA General Government | $52,597 |
| GPSA Lobby | $1,508 |
| GPSA Programs Committee | $2,161 |
| GPSA Student Support & Advocacy | $1,206 |
| Industry Pharmacist Organization | $201 |
| Information Security Management & Analytics Research Team (iSMART) | $851 |
| International Business Students Global | $754 |
| Iranian Student Association | $302 |
| Medical Interpretation SIG | $483 |
| Medieval Studies Student Association | $568 |
| No One Dies Alone | $503 |
| Pediatric Medicine Interest Group | $503 |
| Physical Medicine & Rehab Interest Group | $503 |
| Rural & Urban Underserved Student Interest Group | $493 |
| SAC Publications | $1005 |
Eligibility for the GPSA Annual Budget Process
Be a chartered Student Organization through the Student Activities Center
- Have active graduate and/or professional student membership
- May NOT be an RDSA/RGSA that directly applies for and receives GPSA PB (Pro-rated Benefit) Funding
Use of GPSA Budget Funds
Annual budget funding is primarily intended for:
- Operational expenses (advertising, copying, office supplies, recruitment materials, and equipment, etc.)
- Reoccurring costs
Budget funding is NOT intended for:
- Travel
- One-time events
- Rainy day funds
Budget Application
In order to receive a budget application and packet, organizations need to attend a GPSA Budget Workshop. After attending a workshop, organizations will receive an application via email.
Applications are due by the date listed above, with no exceptions.
Further Questions?
For questions about chartering a student organization contact the Student Activities Center (SAC) at 277-4706 or sac@unm.edu.
For information about setting up and utilizing a university account for a student organization contact the Student Government Accounting Office (SGAO) at 277-7888 or sgao@unm.edu.
For information specifically about GPSA funding for a student organization contact the Finance Chair at gpsafin@unm.edu or contact the GPSA Office at 277-3803.
